Gold Price Forecast: XAUUSD melting in a vacuum under the weight of a hawkish Fed – TDS

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Gold Price Forecast: XAUUSD melting in a vacuum under the weight of a hawkish Fed – TDS
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Gold Price Forecast: XAUUSD melting in a vacuum under the weight of a hawkish Fed – TDS Gold XAUUSD Fed Banks

“Rates continue to reprice higher as the market pencils in another rate hike in 2022, pricing in ten additional hikes during the year, hinting at a larger overshoot of neutral.”

“The tug-of-war in precious metals is rather associated with the Fed's ability to do so, particularly given the slowing growth environment. With quantitative tightening only a few short weeks away, If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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